Video games possess an attractive disconnect in that they are an entertainment cash cow for gaming companies, yet gaming products also happen to be a huge cost saver for the consumer relative to other platforms and devices. How will this generation of console games fare relative to past iterations, and which target demographics will be driving future sales? America’s exported goods totaled $799.8 billion during the first 7 months of 2020. Sorry, your blog cannot share posts by email. In 2018, China launched Operation National Sword, which could potentially tie a knot in the steady pipeline of waste materials being imported into the country. Nothing has transformed our economy quite like containerized shipping. A collapse in US exports of scrap paper and forest products due to tariffs, environmental restrictions, and slowing economies in receiving countries is expected to continue this year due to the effects of the COVID-19 crisis. US exports are on a growth track, but export expansion could be derailed or slowed if the United States enters a trade war. They now take front and center in people’s homes as a centralized hub for all things entertainment. This convenient trade relationship, where ships bring consumer goods to America and return filled with recyclable materials, is being disrupted in a big way. The largest US partners with their total trade in goods (sum of imports and exports) in millions of US dollars for calendar year 2017 are as follows: Economists and shipping industry leaders warn the US-China trade war could be a potential tipping point for a global economy that was already cooling before President Donald Trump raised tariffs on $200 billion in Chinese goods. Here are the largest 25 private equity firms by their five-year PE fundraising total over the last five years, with data on funds and investments from respective firms and Private Equity International. Please try again later. Otherwise, it’s likely a mention of a major investment (or payout) that a PE firm scored through venture or growth capital. Each firm raises a PE fund by pooling capital from investors, which it then uses to carry out transactions such as leveraged buyouts, venture and growth capital, distressed investments, and mezzanine capital. With a more digitally connected world, this new era will see gamers that play and compete with one another from all four corners of the globe. Virginia Governor Ralph Northam unveiled an international trade plan to boost exports by 50 percent in the next 15 years, a key initiative since laden exports fell between January and August for the second consecutive year. Here are the top 20 companies by export volume (20-foot equivalent units, or TEUs): Though exporters of recyclable materials feature prominently on this list, there may be a shake-up coming in the near future. Yet many people don’t fully understand the size and scope of private equity. More well-known investments include KKR’s $31.1 billion takeover of food and tobacco conglomerate RJR Nabisco in 1989, and Blackstone’s $26 billion buyout of Hilton Hotels Corporation in 2007. The immediate impact of lost export opportunities because of retaliation by US trading partners to the Trump administration’s tariffs is a major, negative development for US businesses. The Journal of Commerce’s annual Top 100 US Importers and Exporters ranking begins with data from PIERS, a sister product of within IHS Markit, and is enhanced by information gathered from other industry sources. In Western countries, people often assume that their top export by volume is a high-value manufactured good or, at very least, a natural resource like timber or oil. Toys from China remain unaffected by tariffs, but shippers fear they could be impacted by future rounds of tariffs. Chicago-based startup Transship is teaming with TradeLens and other tech companies to create an automated shipping and forwarding platform for containerized perishables shipments. Looking ahead, unit sale estimates for the PS5 range from 120-170 million and the new console is set to outperform Xbox again—in line with past trends. US exporters of scrap metals, paper, and plastics saw increased demand in 2019, but volumes have come crashing down in early 2020 due to supply and demand destruction caused by the COVID-19 crisis. Join the 220,000+ subscribers who receive our daily email, Here’s What Happens Every Minute on the Internet in 2020, The World’s Most Influential Values, In One Graphic. The US-China trade war is keeping shippers on edge, and will likely cause further shifts in the annual Top 100 US Importers and Exporters rankings in 2019. But other well-known companies have been funded, saved, or restructured through private equity. Still, uncertainty regarding tariffs and a tight US trucking market are obstacles that could dampen what many expect to be an impressive year for global trade. Frequent the business section of your favorite newspaper long enough, and you’ll see mentions of private equity (PE). Walmart remained atop the list of the largest US importers by volume last year and is nearing the 1 million-TEU mark, moving more than 7.3 times the volume of online retail giant Amazon, which came in at No. Post was not sent - check your email addresses! These lists are restricted to shippers — beneficial owners of containerized cargo that entered or exited U.S. ports by ocean vessels. Xbox and Nintendo have put up a respectable fight, but the history of gaming console sales point to an extended era of PlayStation dominance. by The United States of America shipped $1.645 trillion worth of goods around the globe in 2019. Overview: In August 2020 United States exported $118B and imported $204B, resulting in a negative trade balance of $85.4B.Between August 2019 and August 2020 the exports of United States have decreased by $-20.2B (-14.6%) from $138B to $118B, while imports decreased by $ … Visualized: A Breakdown of Amazon’s Revenue Model, Charting America’s Debt: $27 Trillion and Counting, Comparing Recent U.S. Presidents: New Debt Added vs. One of the most surprising things investors discover about private equity is how many large organizations have been funded through the PE world.